Oppenheimer Maintains Outperform on Dana, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Noah Kaye maintains an Outperform rating on Dana (NYSE:DAN) but has lowered the price target from $21 to $17.
October 09, 2023 | 3:41 pm
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NEUTRAL IMPACT
Oppenheimer has maintained an Outperform rating on Dana but lowered the price target from $21 to $17.
The news is directly related to Dana. While the Outperform rating is positive, the lowering of the price target might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100